BILLY.TECH: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
BILLY.TECH
Largest movements
- Cash -€161,709
down €161,709 (-27.5%), from €588,659 to €426,949
mainly Investment in fixed assets (net) (-€317,835) and Net result for the year (-€149,420)
- Intangible fixed assets -€51,257
down €51,257 (-5.6%), from €921,525 to €870,268
- Investment grants +€157,657
up €157,657 (+94.6%), from €166,631 to €324,288
- Profit (loss) carried forward -€149,420
down €149,420 (-75.8%), from -€197,105 to -€346,525
- Debts after one year -€119,380
down €119,380 (-15.0%), from €797,577 to €678,196
- Trade debts -€113,483
down €113,483 (-71.8%), from €157,961 to €44,478
- Tax, wage and social debts +€23,810
up €23,810 (+10.7%), from €222,774 to €246,584
of which Remuneration and social security: +€44,733
- Staff costs +€685,277
up €685,277 (+60.5%), from €1.1m to €1.8m
- Gross operating margin +€613,812
up €613,812 (+45.5%), from €1.3m to €2.0m
- Depreciation +€64,266
up €64,266 (+22.0%), from €292,389 to €356,655
- Financial income +€49,257
up €49,257 (+114.5%), from €43,025 to €92,282
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,318,158 | €2,114,621 | -€203,538 | -8.8% |
| Fixed assets | 21/28 | €1,654,989 | €1,616,170 | -€38,820 | -2.3% |
| Intangible fixed assets | 21 | €921,525 | €870,268 | -€51,257 | -5.6% |
| Tangible fixed assets | 22/27 | €18,464 | €30,901 | +€12,437 | +67.4% |
| Furniture and vehicles | 24 | €18,464 | €30,901 | +€12,437 | +67.4% |
| Financial fixed assets | 28 | €715,000 | €715,000 | = | 0.0% |
| Current assets | 29/58 | €663,169 | €498,451 | -€164,718 | -24.8% |
| Amounts receivable within one year | 40/41 | €51,235 | €34,590 | -€16,645 | -32.5% |
| Trade receivables | 40 | €20,973 | €34,254 | +€13,282 | +63.3% |
| Other amounts receivable | 41 | €30,262 | €336 | -€29,927 | -98.9% |
| Cash at bank and in hand | 54/58 | €588,659 | €426,949 | -€161,709 | -27.5% |
| Deferred charges and accrued income | 490/1 | €23,275 | €36,912 | +€13,636 | +58.6% |
| Total equity and liabilities | 10/49 | €2,318,158 | €2,114,621 | -€203,538 | -8.8% |
| Equity | 10/15 | €874,986 | €883,223 | +€8,237 | +0.9% |
| Contributions | 10/11 | €903,600 | €903,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€197,105 | -€346,525 | -€149,420 | -75.8% |
| Investment grants | 15 | €166,631 | €324,288 | +€157,657 | +94.6% |
| Amounts payable | 17/49 | €1,443,172 | €1,231,398 | -€211,775 | -14.7% |
| Amounts payable after more than one year | 17 | €797,577 | €678,196 | -€119,380 | -15.0% |
| Financial debts | 170/4 | €797,577 | €678,196 | -€119,380 | -15.0% |
| Amounts payable within one year | 42/48 | €645,596 | €553,201 | -€92,394 | -14.3% |
| Current portion of amounts payable after more than one year | 42 | €139,770 | €137,140 | -€2,630 | -1.9% |
| Financial debts | 43 | €125,000 | €125,000 | = | 0.0% |
| Credit institutions | 430/8 | €125,000 | €125,000 | = | 0.0% |
| Trade debts | 44 | €157,961 | €44,478 | -€113,483 | -71.8% |
| Suppliers | 440/4 | €157,961 | €44,478 | -€113,483 | -71.8% |
| Taxes, remuneration and social security | 45 | €222,774 | €246,584 | +€23,810 | +10.7% |
| Taxes | 450/3 | €75,934 | €55,011 | -€20,923 | -27.6% |
| Remuneration and social security | 454/9 | €146,840 | €191,573 | +€44,733 | +30.5% |
| Other amounts payable | 47/48 | €91 | - | -€91 | |
| Remuneration, social security and pensions | 62 | €1,131,818 | €1,817,095 | +€685,277 | +60.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €292,389 | €356,655 | +€64,266 | +22.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€1,250 | - | +€1,250 | |
| Other operating charges | 640/8 | €13,616 | €1,964 | -€11,652 | -85.6% |
| Gross operating margin | 9900 | €1,348,518 | €1,962,331 | +€613,812 | +45.5% |
| Operating profit (loss) | 9901 | -€88,054 | -€213,383 | -€125,329 | -142.3% |
| Financial income | 75/76B | €43,025 | €92,282 | +€49,257 | +114.5% |
| Recurring financial income | 75 | €43,025 | €92,282 | +€49,257 | +114.5% |
| Financial charges | 65/66B | €29,988 | €24,916 | -€5,071 | -16.9% |
| Recurring financial charges | 65 | €29,988 | €24,916 | -€5,071 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | -€75,017 | -€146,018 | -€71,000 | -94.6% |
| Income taxes | 67/77 | €1,651 | €3,403 | +€1,752 | +106.1% |
| Profit (loss) for the period | 9904 | -€76,669 | -€149,420 | -€72,752 | -94.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€76,669 | -€149,420 | -€72,752 | -94.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.